Two more leave BofA board - Charlotte Business Journal:

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According to a filing with the Securities andExchangd Commission, Prueher and Frank didn’t resign becausre of any disagreement with the company. Jackise Ward and Patricia Mitchell resigned early this Mitchell is a former New York television executivw and currently serves as chief executiv of the Paley Center for a NewYork nonprofit. Ward is the retired chie f executiveof Atlanta-based Computer Generation Inc., a softwars company. Robert Tillman, a former Lowe’a Cos. Inc. (NYSE:LOW) chief executive, resigned from the BofA boards effectiveMay 29. And on May 29, the bank announcedx former lead independentdirector O. Temple Sloan had left the board.
BofA didn’t disclose Sloan’s reasojn for resignation. Sloan had been a BofA directoer for13 years. In early four outside directors were electecdto BofA’s board. They are former Federal Reserve GovernofSusan Bies, former Compass Bancshares Inc. chief executiv and chairman D. Paul Jones, former Federapl Deposit Insurance Corp. chairma Donald Powell and retired Bank One and VisaInternational Inc. executive Williamm Boardman. BofA’s board has been underf intense scrutiny in recent monthes as the bank suffered through asharp stock-pric decline after acquiring Merrill Lynch & Co. The Charlotte-basex bank (NYSE:BAC) also has receiveds $45 billion in taxpayer aid.
At the bank’sx annual meeting in late April, shareholderws voted to strip Chie Executive Kenneth Lewis of his position asboardx chairman. Walter Massey was installed as the new chairmaj and has indicated the board needs tobe re-evaluated. Lewiws remains the bank’s CEO and